# Huzhou Fengling Huoshan acquires 9.82% stake in Jiangsu Shentong Valve for CNY 380 million

Huzhou Fengling Huoshan Equity Investment Partnership acquired a 9.82% stake in Jiangsu Shentong Valve from a group of shareholders for approximately CNY 380 million on November 23, 2017. The deal covers 47.7 million shares at CNY 7.88 per share.

- Type: Acquisition
- Announced: 2017-11-23
- Where: China
- Value: $57.5M (380.0M CNY)
- Status: completed
- Products: industrial valves
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Huzhou Fengling Huoshan Equity Investment Partnership](https://endata.com/companies/2453.md) (investor)
- [Jiangsu Shentong Valve](https://endata.com/companies/2454.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/JIANGSU-SHENTONG-VALVE-CO-9060016/news/Huzhou-Fengling-Huoshan-Equity-Investment-Partnership-Enterprise-Limited-Partnership-acquired-9-82-34891209/), 2017-11-23: "acquired 9.82% stake in Jiangsu Shentong Valve Co., Ltd. from a group of shareholders for approximately CNY 380 million."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.